Offered for sale for the first time after 22 years of ownership, is an affordable entry-level investment opportunity not to be missed.
This suburban retail shop, centrally located in Mt Albert town centre, sits on a road front site which benefits from high pedestrian flow and proximity to Mt Albert train station.
The subject property comprises a ground floor retail space situated within a two storey block of seven shops, with residential apartments above and a separate single level, mixed use duplex at the rear.
The shop is currently tenanted by a laundromat with a net passing annual rent of $27,720 plus GST.
KEY FEATURES:
- Ground retail shop of approximately 70m² has a frontage of 4.85 metres
- Two designated car parks
- A Stratum in Freehold title
- Superbly located within Mt Albert town village
- Busy day and night